The Budget 2013

PERSONAL Help for home buyers Two schemes are available. Help to buy: equity loan This scheme will run for three years from 1 April 2013 and is proposed to provide £3.5bn of additional investment. • The scheme will apply to new builds only• All house buyers can apply – this scheme is Read more…

Tax Diary March/April 2013

1 March 2013 – Due date for Corporation Tax due for the year ended 31 May 2012. 19 March 2013 – PAYE and NIC deductions due for month ended 5 March 2013. (If you pay your tax electronically the due date is 22 March 2013.) 19 March 2013 – Filing Read more…

Self Assessment crack down in South East

HMRC issued a press release 12 February 2013 advising “tax cheats” in London and the South East that they will be targeted by a new taskforce. The taskforce will put the spotlight on people abusing the Self Assessment system fraudulently to claim back money they are not entitled to. It Read more…

Finance Bill 2013 draft clauses published

The main tax announcements for the 2013-14 tax year, as announced 5 December 2012, have now been published as draft clauses for the forthcoming Finance Bill 2013. GAAR The new acronym stands for General Anti-Abuse Rule. It will give HMRC powers to stop companies and tax payers taking advantage of Read more…